DawnC
Expert Alumni

Get your taxes done using TurboTax

Yes, if you receive a Form 1099-K reporting non-taxable payments (e.g. coupon redemption, cash rebates, casual sales of personal property at less than your cost), you can report it in the Other Reportable income interview.

 

However, if this was income was business income or hobby income, it is taxable and should be reported as business or hobby income.  The non-taxable method is only for the types income listed above.  

 

It is either business incomehobby income or the sale of personal items (garage and yard sale type income).  

 

A Tax Filing Factsheet for eBay Sellers  @pkhadka

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